Procurement Specialist

2 months ago


Riyadh, Saudi Arabia Precision Hire Solution Full time
Job Profile
  • Developing and implementing procurement strategies for the contract manufacturing.
  • Sourcing new Raw Material / Packaging Material for New product launches and share product costing to Marketing commercial team.
  • Evaluate & negotiate contracts with the Contract Manufacturers negotiate prices for Raw and packing materials.
  • Finalizing Quarterly pricing for the Raw materials and Finished Goods with contract manufacturers
  • Ensure supply security and sustainability of sources
  • Forecast Raw material and Packaging material price trends and its impact on future activities
  • Sourcing and engaging reliable suppliers and vendors.
  • Build and maintain healthy supplier relationships with the new and existing vendors.
  • Negotiating with suppliers to secure advantageous terms.
  • Analyzing procurement data conducting spend analysis and preparing reports.
  • Operational knowledge of SAP ERP system/MS office tools/ ebidding tools.
  • Knowledge of Chemicals and packaging materials and ability to gather market intelligence.
  • Work closely with the legal department in drafting and executing the contracts with favorable terms and conditions.
  • Coordinate between Contract manufacturers and Supply chain for Raw Material / Finished Goods availability.
Relevant experience
  • No of Years 45 years
  • Chemical/FMCG/Formulation /Contract manufacturing
Educational Attainment and Language preference
  • Chemistry/Chemical graduate with Management degree/diploma
  • Language proficiency Knowledge of Arabic/French/English is a must.
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